News
Florida wants to build SpaceX and Blue Origin three extra rocket landing pads
First reported by Florida Today, economic development agency Space Florida has expressed serious interest in funding the construction of two major space infrastructure projects in Cape Canaveral, a runway for a prospective Boeing spaceplane and a separate landing zone with up to three pads open for vertical rocket landings from companies like SpaceX, Blue Origin, and others.
KSC reviewing state proposals for new Launch Complex 48, Landing Zone 2: https://t.co/qjoWa0rNoa
— James Dean (@flatoday_jdean) August 6, 2018
SpaceX already operates its duo of rocket landing pads (Landing Zones) designated LZ-1 and LZ-2. Located on Cape Canaveral Air Force Station property, those pads have already supported 11 successful Falcon 9 and Falcon Heavy rocket landings, beginning with the company’s first-ever Falcon 9 booster recovery (December 2015) and ending more recently with the jaw-dropping mirrored landings of both Falcon Heavy side boosters after the rocket’s inaugural launch.
The exact operational capacity of those SpaceX-built landing zones is not entirely clear, meaning that it’s difficult to know if or when SpaceX would need access to two or even three additional pads. Built out of high-temperature concrete and serviced by a handful of automated fire control water jets, the only visible wear and tear the pads seem to suffer through is the routine destruction of their radar-reflective paint, intended to help Falcons more easily determine the vertical distance to their landing targets and thus accurately throttle and gimbal the one or three Merlin engines used to land.
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- The first successfully recovered Falcon 9 rocket booster now sits proudly in front of SpaceX’s Hawthorne, CA factory and headquarters. (Steve Jurvetson)
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- Falcon Heavy’s side boosters seconds away from near-simultaneous landings at Landing Zones 1 and 2. (SpaceX)
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- Elon Musk walks among his recovered Falcon Heavy boosters at LZ-1 and 2. (Elon Musk)
It’s entirely possible that that radar-reflective coating is landing-critical, but the fact that just one of SpaceX’s two LZs was painted with it for Falcon Heavy’s dual rocket landings indicates that it’s at most a useful crutch. As such, the only thing lost by repeated and high-frequency landings at LZ-1 and LZ-2 would be a coat of aesthetically pleasing but nonfunctional paint. Over time, it’s likely that maintenance and refurbishment would be necessary, but the pads currently do not require any critical refurbishment to the landing areas themselves between Falcon landings.
As such, the only conceivable instance where SpaceX would obviously need three or even four rocket landing pads would be multiple lightweight Falcon Heavy launches just days apart or a Falcon Heavy launch followed within a few days by a light Falcon 9 launch. A need for that capability is almost certainly a year or more away, as 2019 is shaping up to be a slow period for space launch compared to recent years.
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- SpaceX’s LZ-1 pad just after a Falcon 9 landing. Note the black, radar-reflective paint. (SpaceX)
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- SpaceX’s West Coast landing zone is preparing for its debut, currently NET October 6th 2018. (Pauline Acalin/Teslarati)
SpaceX’s next land-based rocket landing may actually occur on the West Coast, marking the debut of the company’s first Californian rocket landing zone after the late-September launch of the Argentinian SAOCOM-1A Earth observation satellite.
Space Florida is an official wing of the Florida state government tasked specifically with shepherding the region’s truly unique space industry and spaceflight infrastructure with an annual budget averaging between $10 and 20 million. More importantly, the agency has direct access to Florida legislators, allowing it to have some level of access to the entire state’s borrowing powers for the purpose of petitioning for and securing invaluable loans for companies involved in Florida’s space economy or considering joining in.
For prompt updates, on-the-ground perspectives, and unique glimpses of SpaceX’s rocket recovery fleet check out our brand new LaunchPad and LandingZone newsletters!
Investor's Corner
Tesla gets tip of the hat from major Wall Street firm on self-driving prowess
“Tesla is at the forefront of autonomous driving, supported by a camera-only approach that is technically harder but much cheaper than the multi-sensor systems widely used in the industry. This strategy should allow Tesla to scale more profitably compared to Robotaxi competitors, helped by a growing data engine from its existing fleet,” BoA wrote.
Tesla received a tip of the hat from major Wall Street firm Bank of America on Wednesday, as it reinitiated coverage on Tesla shares with a bullish stance that comes with a ‘Buy’ rating and a $460 price target.
In a new note that marks a sharp reversal from its neutral position earlier in 2025, the bank declared Tesla’s Full Self-Driving (FSD) technology the “leading consumer autonomy solution.”
Analysts highlighted Tesla’s camera-only architecture, known as Tesla Vision, as a strategic masterstroke. While technically more challenging than the multi-sensor setups favored by rivals, the vision-based approach is dramatically cheaper to produce and maintain.
This cost edge, combined with Tesla’s rapidly expanding real-world data engine, positions the company to scale robotaxis far more profitably than competitors, BofA argues in the new note:
“Tesla is at the forefront of autonomous driving, supported by a camera-only approach that is technically harder but much cheaper than the multi-sensor systems widely used in the industry. This strategy should allow Tesla to scale more profitably compared to Robotaxi competitors, helped by a growing data engine from its existing fleet.”
The bank now attributes roughly 52% of Tesla’s total valuation to its Robotaxi ambitions. It also flagged meaningful upside from the Optimus humanoid robot program and the fast-growing energy storage business, suggesting the auto segment’s recent headwinds, including expired incentives, are being eclipsed by these higher-margin opportunities.
Tesla’s own data underscores exactly why Wall Street is waking up to FSD’s potential. According to Tesla’s official safety reporting page, the FSD Supervised fleet has now surpassed 8.4 billion cumulative miles driven.
Tesla FSD (Supervised) fleet passes 8.4 billion cumulative miles
That total ballooned from just 6 million miles in 2021 to 80 million in 2022, 670 million in 2023, 2.25 billion in 2024, and a staggering 4.25 billion in 2025 alone. In the first 50 days of 2026, owners added another 1 billion miles — averaging more than 20 million miles per day.
This avalanche of real-world, camera-captured footage, much of it on complex city streets, gives Tesla an unmatched training dataset. Every mile feeds its neural networks, accelerating improvement cycles that lidar-dependent rivals simply cannot match at scale.
Tesla owners themselves will tell you the suite gets better with every release, bringing new features and improvements to its self-driving project.
The $460 target implies roughly 15 percent upside from recent trading levels around $400. While regulatory and safety hurdles remain, BofA’s endorsement signals growing institutional conviction that Tesla’s data advantage is not hype; it’s a tangible moat already delivering billions of miles of proof.
News
Tesla to discuss expansion of Samsung AI6 production plans: report
Tesla has reportedly requested an additional 24,000 wafers per month, which would bring total production capacity to around 40,000 wafers if finalized.
Tesla is reportedly discussing an expansion of its next-generation AI chip supply deal with Samsung Electronics.
As per a report from Korean industry outlet The Elec, Tesla purchasing executives are reportedly scheduled to meet Samsung officials this week to negotiate additional production volume for the company’s upcoming AI6 chip.
Industry sources cited in the report stated that Tesla is pushing to increase the production volume of its AI6 chip, which will be manufactured using Samsung’s 2-nanometer process.
Tesla previously signed a long-term foundry agreement with Samsung covering AI6 production through December 31, 2033. The deal was reportedly valued at about 22.8 trillion won (roughly $16–17 billion).
Under the existing agreement, Tesla secured approximately 16,000 wafers per month from the facility. The company has reportedly requested an additional 24,000 wafers per month, which would bring total production capacity to around 40,000 wafers if finalized.
Tesla purchasing executives are expected to discuss detailed supply terms during their visit to Samsung this week.
The AI6 chip is expected to support several Tesla technologies. Industry sources stated that the chip could be used for the company’s Full Self-Driving system, the Optimus humanoid robot, and Tesla’s internal AI data centers.
The report also indicated that AI6 clusters could replace the role previously planned for Tesla’s Dojo AI supercomputer. Instead of a single system, multiple AI6 chips would be combined into server-level clusters.
Tesla’s semiconductor collaboration with Samsung dates back several years. Samsung participated in the design of Tesla’s HW3 (AI3) chip and manufactured it using a 14-nanometer process. The HW4 chip currently used in Tesla vehicles was also produced by Samsung using a 5-nanometer node.
Tesla previously planned to split production of its AI5 chip between Samsung and TSMC. However, the company reportedly chose Samsung as the primary partner for the newer AI6 chip.
Elon Musk
Elon Musk: Tesla could be first to build AGI in humanoid form
Musk’s statement was shared in a post on social media platform X.
Elon Musk predicted that Tesla could become one of the developers of Artificial General Intelligence (AGI) in humanoid form. Musk’s statement was shared in a post on social media platform X.
In his post, Musk stated that “Tesla will be one of the companies to make AGI and probably the first to make it in humanoid/atom-shaping form.”
The comment comes as Tesla expands development of its Optimus humanoid robot.
During Tesla’s Q4 earnings report, Elon Musk stated that production of the Model S and Model X would be phased out at its Fremont, California, facility. The vehicles’ production line will then be converted to a pilot line for Optimus. Tesla is looking to produce 1 million units of the humanoid robots annually to start.
Musk has previously stated that Optimus could eventually function as a von Neumann probe. The concept, proposed by mathematician John von Neumann, describes a machine capable of replicating itself using planetary resources and sending those replicas to other worlds.
Optimus would likely only be able to achieve this potential if it manages to achieve Artificial General Intelligence.
Other leaders in the AI sector have also expressed strong expectations about AGI’s potential. Demis Hassabis, CEO of Google DeepMind, recently spoke about the technology at the India AI Impact Summit 2026, as noted in a Benzinga report.
“It’s going to be something like ten times the impact of the Industrial Revolution, but happening at ten times the speed,” Hassabis said.
Elon Musk’s recent comments about Tesla producing a product with AGI could hint at further collaboration among his companies. So far, Tesla is actively pursuing autonomous driving, but it is xAI that is pursuing AGI with its Grok program.
Considering that Elon Musk mentioned a Tesla humanoid product with AGI, it appears that an Optimus robot running xAI’s AI models could become a reality.
xAI had recently merged with SpaceX, though reports suggest that Elon Musk is also considering an even bigger merger for all his companies, including Tesla.
Tesla gets tip of the hat from major Wall Street firm on self-driving prowess
Tesla to discuss expansion of Samsung AI6 production plans: report
